SUNNINGDALE TECH LTD
ANNUAL REPORT 2014
CORPORATE GOVERNANCE REPORT
32
Disclosure on Remuneration
Principle
9:
Each company should provide clear disclosure of its remuneration policies, level and mix of remuneration, and the
procedure for setting remuneration, in the company’s annual report. It should provide disclosure in relation to its
remuneration policies to enable investors to understand the link between remuneration paid to directors and key
executives, and performance.
The remuneration of the Directors is set out below:-
Remuneration Band
and Name of Director
Fee
(1)
(%)
Basic
Salary
(%)
Variable
Bonus
(%)
Share
Award
(2)
(%)
Total
Remuneration
(%)
Below $250,000:
Koh Boon Hwee
100
-
-
-
100
Steven Uhlmann
100
-
-
-
100
Gabriel Teo Chen Thye
100
-
-
-
100
Steven Tan Chee Chuan
100
-
-
-
100
Kaka Singh
100
-
-
-
100
Ong Sim Ho
100
-
-
-
100
Above $500,000:
Khoo Boo Hor
-
69
15
16
100
Below $250,000 to $499,999
Wong Chi Hung (retired as an Executive
Director on 30 June 2014)
-
95
0
5
100
Wong Chi Hung
100
-
-
-
100
The remuneration of Key Management Personnel is as follows:-
Remuneration Band and
Name of Key Management Personnel
Basic
Salary
(%)
Variable
Bonus
(%)
Share
Awards
(2)
(%)
Total
Remuneration
(%)
$250,000 to $499,999:
Chan Whye Mun
80
11
9
100
Chan Tung Sing
83
11
6
100
Simon Tan
74
18
8
100
Soh Hui Ling
81
11
8
100
Below $250,000:
Cheong Wai Luen
85
9
6
100
Cindy Bin
84
8
8
100
The remuneration of an employee who is an immediate family member of a Director is as follows:-
Name of employee who is related to a Director
Basic
Salary
(%)
Variable
Bonus
(%)
Share
Awards
(2)
(%)
Total
Remuneration
(%)
$50,000 to $100,000:
Wong Chun Pong
93
7
0
100
(1)
subject to approval by shareholders as a lump sum at the annual general meeting for the financial year ended 31 December 2014;
(2)
the share awards are granted under the Restricted Share Plan. The fair value of the shares award is estimated in-house by
management using the last traded price at grant date less the present value of expected dividend during the vesting period as
the valuation basis. Details of the share awards are disclosed in the Directors’ Report.
CORPORATE GOVERNANCE REPORT
